Noun Definition


1.Definition: an act of economizing; reduction in cost

"It was a small economy to walk to work every day", "There was a saving of 50 cents"

Category: General

2.Definition: frugality in the expenditure of money or resources

"The Scots are famous for their economy"

Related Noun(s):thriftiness

Category: General

3.Definition: the efficient use of resources

"Economy of effort"

Category: General

4.Definition: the system of production and distribution and consumption

Category: General